Released on: October 7, 2008, 2:56 am

Press Release Author: No1 Currency

Industry: Transportation & Logistics

Press Release Summary: The road to buying property abroad can be a tricky one to
navigate getting it right requires a good lawyer, an estate agent and a foreign
currency specialist such as No1 Currency.



Press Release Body: The road to buying property abroad can be a tricky one to
navigate. There are many factors to take into consideration before final agreements
can be made.

Getting it right requires a lot of research into location, property, budgets and
payments, as well as an understanding of local rules, regulations and taxes.

Seeking advice from qualified professionals is crucial and will protect your
long-term interests. In essence getting it right requires a good lawyer, an estate
agent and a foreign currency specialist such as No1 Currency.

Use a good Lawyer:
Legal procedures involved with overseas purchases will vary, for example in Spain
previous debt on a property can end up being inherited by the new buyer. So, it’s
essential that your lawyer is impartial and has a good grasp of English as well as
the native language, to deal with the endless stream of rules and regulations.

Use an Estate Agent:
Prior research is vital and estate agents are also a good source of advice and will
have sound knowledge of the property market in which you hope to invest. It’s
important you make sure that all information you receive is accurate and that your
estate agent is officially registered and holds a license.

Use a Foreign Currency Specialist:
When transferring money overseas, using a currency specialist such as No1 Currency
will not only save money but can protect your future mortgage repayments from
currency fluctuations.

High street banks can charge up to 4% or more on exchange rates than a currency
specialist. That works out as an extra £4000 on a £100,000 transaction. Banks often
add further charges including commission fees and transfer fees.

A foreign currency specialist, like No.1 Currency promises bank beating exchange
rates, transferring your money securely and providing expert guidance completely
free of charge.

Visit http://no1currencypresscentre.blogspot.com/

http://www.no1currency.com/

ENDS


Issued on behalf of No.1 Currency by LLLink at Forth House, 5 Johns Place, EH6 7EL.
Contact Emma Sykes on (0131) 561 8416 or emma.sykes@mediavision.co.uk



Notes to Editor:

Founded in 1996, Edinburgh-based No.1 Currency is the UK’s fastest growing
independent foreign currency specialist.

No.1 Currency is accessible to all, providing safe and secure worldwide money
transfers for individuals and corporate clients, as well as competitive Bureau de
Change services.

No.1 Currency Bureau de Change is one of the largest chains of bureaux in the UK,
with 245 outlets across the UK offering 0% commission on currency exchanges.

This franchised Bureau de Change services can be found in Cheque Centre, Cash
Generator and Barrhead Travel stores throughout Scotland.

Visit www.no1currency.com for more information.


Web Site: http://www.no1currency.com/

Contact Details: Issued on behalf of No.1 Currency by LLLink at Forth House, 5 Johns
Place, EH6 7EL.
Contact Emma Sykes on (0131) 561 8416 or emma.sykes@mediavision.co.uk